Tag Archives: Brexit Swiss markets

Investec Switzerland. The Swiss Market Index (SMI) is set to post a modest gain this week despite confirmation that the UK has decided to leave the European Union. The SMI opened almost 7% lower following the announcement before recovering.  The Swiss franc strengthened the most since the Swiss National Bank (SNB) lifted its cap against the euro in 2015. Around the world, financial markets buckled after Britain’s vote to leave the European Union was announced on Friday...

Investec Switzerland. Swiss Market Index The Swiss Market Index (SMI) is set to post a modest gain this week despite confirmation that the UK has decided to leave the European Union. The SMI opened almost 7% lower following the announcement before recovering.  The Swiss franc strengthened the most since the Swiss National Bank (SNB) lifted its cap against the euro in 2015. click to enlarge  Around...